Electric Water Heaters Market Share, Trend and Analysis Report 2020: Radiant Insights, Inc Global electric water heaters market is expected to be valued at USD 29,322.4 million by 2022, as per a new research report by Radiant Insights, Inc. Escalating demand across extensive range of domestic applications is expected to drive demand. Evolving urban lifestyle, increasing income levels and growing disposable income stimulates customers to spend on consumer utilities like electric water heaters. In addition, enhanced standard of living and rise in consumer awareness pertaining to water heaters advantages may drive the global electric water heaters market demand substantially. High operating cost is likely to pose challenge to the industry participants. Storage products led the electric water heater market, with revenue estimated at USD 10.45 billion in 2013, these are expected to witness significant gains, with estimates of USD over 18 billion, at a CAGR of 6.7% during the forecast period. They are majorly used in regions where electricity accessibility is limited, thus facilitates constant flow of hot water. This is expected to drive global demand growth. For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market
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Non-storage products were valued at USD 5.1 billion in 2013, and are expected to reach USD 10.8 billion by 2022, growing at an estimated CAGR of over 8.6% over the next few years. Key report insights suggest: • Global electric water heaters market was valued USD 15,632.7 million in 2013 and is likely to reach USD 29,322.4 million by 2022 growing with an estimated CAGR of 7.4% from 2014 to 2022. • Global demand in residential sector was USD 10,406.3 million in 2013 which is expected to reach USD 18,219.9 million by 2022, growing at a CAGR of 6.6% from 2014 to 2020. Increasing usage in applications such as cooking, bathing, cleaning and space heating for washing sinks due to low capacity requirements is expected to spur the industry growth. Commercial sector is expected t grow at a CAGR of 8.8% over the forecast period.
Increasing commercial development such as restaurants, schools and hotels among others may drive electric water heaters market demand. • Europe dominated the regional demand with an estimated market share of 40.08% in 2013. Asia Pacific region is expected to be the fastest growing region, growing at a CAGR of 10.5% up to 2022. The region is expected to grow at a higher rate owing to emerging industries in China and India. North America is predicted to reach USD 6,349.2 million by 2022, owing to increasing investments in residential and commercial construction. • Top three manufacturers, in the highly competitive electric water heaters industry, accounted for close to 90% of the overall share. Key companies include AO Smith, Rheem, Lockheed Martin and Bradford White. For the purpose of this study, Radiant Insights has segmented the electric water heaters market on the basis of product, application and region: For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market
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Global Electric Water Heaters Product Overview (Revenue, USD Million, 2012 - 2022) • Storage • Non-storage/Tankless Global Electric Water Heaters Application Overview (Revenue, USD Million, 2012 2022) • Commercial • Residential Global Electric Water Heaters Regional Overview (Revenue, USD Million, 2012 2022) • North America - U.S - Canada • Europe - Germany - UK - RoE • Asia Pacific - China
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India Japan RoAPAC Latin America Brazil Mexico MEA
Table of Contents Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope and assumptions 1.3 List of data sources Chapter 2 Executive Summary 2.1 Electric water heaters - Industry snapshot and key buying criteria, 2012 - 2022 For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market Chapter 3 Electric Water Heaters Industry Overview 3.1 Market segmentation 3.2 Market size and growth prospects 3.3 Electric water heater value chain analysis 3.3.1 Vendor landscape 3.4 Customization 3.4.1 Electric water heater voltage and phase requirement analysis 3.4.2 Electric water heaters applications 3.4.3 Pricing analysis 3.5 Electric water heaters market dynamics 3.5.1 Market driver analysis 3.5.1.1 Increasing residential and commercial projects 3.5.1.2 Rising disposable income 3.5.2 Market restraint analysis 3.5.2.1 High operating cost 3.6 Key opportunities - Prioritized 3.7 Industry analysis - Porter’s 3.8 Electric water heaters company market share, 2014
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3.8.1 3.9
Company strategy overview Electric water heaters PESTEL analysis
Chapter 4 Electric Water Heaters Product Overview 4.1 Electric water heaters market volume share by product, 2014 & 2022 4.2 Storage 4.2.1 Global storage electric water heaters demand by region, 2012 – 2022 4.3 Non-storage 4.3.1 Global non-storage electric water heater demand by region, 2012 – 2022 Chapter 5 Electric Water Heaters Application Overview 5.1 Electric water heaters market volume share by application, 2014 & 2022 5.2 Residential 5.2.1 Global residential electric water heater demand by region, 2012 – 2022 5.3 Commercial 5.3.1 Global commercial electric water heaters demand by region, 2012 – 2022 For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market Chapter 6 Electric Water Heaters Regional Overview 6.1 Electric water heaters market volume share by region, 2014 & 2022 6.2 North America 6.2.1 North America market by product, 2012 – 2022 6.2.2 North America market by application, 2012 – 2022 6.2.3 U.S. 6.2.3.1 U.S. market by product, 2012 – 2022 6.2.3.2 U.S. market by application, 2012 – 2022 6.2.4 Canada 6.2.4.1 Canada market by product, 2012 – 2022 6.2.4.2 Canada market by application, 2012 – 2022 6.3 Europe 6.3.1 Europe market by product, 2012 – 2022 6.3.2 Europe market by application, 2012 – 2022 6.3.3 Germany 6.3.3.1 Germany market by product, 2012 – 2022 6.3.3.2 Germany market by application, 2012 – 2022 6.3.4 UK 6.3.4.1 UK market by product, 2012 – 2022
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6.3.4.2 6.4 6.4.1 6.4.2 6.4.3 6.4.3.1 6.4.3.2 6.4.4 6.4.4.1 6.4.4.2 6.4.5 6.4.5.1 6.4.5.2 6.5
UK market by application, 2012 – 2022 Asia Pacific Asia Pacific market by product, 2012 – 2022 Asia Pacific market by application, 2012 – 2022 China China market by product, 2012 – 2022 China market by application, 2012 – 2022 India India market by product, 2012 – 2022 India market by application, 2012 – 2022 Japan Japan market by product, 2012 – 2022 Japan market by application, 2012 – 2022 Latin America
For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market 6.5.1 6.5.2 6.5.3 6.5.3.1 6.5.3.2 6.5.4 6.5.4.1 6.5.4.2 6.6 6.6.1 6.6.2
Latin America market by product, 2012 – 2022 Latin America market by application, 2012 – 2022 Brazil Brazil market by product, 2012 – 2022 Brazil market by application, 2012 – 2022 Mexico Mexico market by product, 2012 – 2022 Mexico market by application, 2012 – 2022 MEA MEA market by product, 2012 – 2022 MEA market by application, 2012 – 2022
Chapter 7 Competitive Landscape 7.1 A.O. Smith 7.1.1 Company Overview 7.1.2 Financial Performance 7.1.3 Product Benchmarking 7.1.4 Strategic Initiatives 7.2 AquaMAX Pty. Ltd 7.2.1 Company Overview 7.2.2 Financial Performance
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7.2.3 7.2.4 7.3 7.3.1 7.3.2 7.3.3 7.3.4 7.4 7.4.1 7.4.2 7.4.3 7.4.4
Product Benchmarking Strategic Initiatives Ariston Thermo Company Overview Financial Performance Product Benchmarking Strategic Initiatives Atwood Mobile Products Company Overview Financial Performance Product Benchmarking Strategic Initiatives
For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market 7.5 7.5.1 7.5.2 7.5.3 7.6 7.6.1 7.6.2 7.6.3 7.6.4 7.7 7.7.1 7.7.2 7.7.3 7.7.4 7.8 7.8.1 7.8.2 7.8.3 7.9 7.9.1 7.9.2 7.9.3 7.9.4
Bosch Thermotechnology Company Overview Financial Performance Product Benchmarking Bradford White Corporation Company Overview Financial Performance Product Benchmarking Strategic Initiatives Eemax Company Overview Financial Performance Product Benchmarking Strategic Initiatives General Electric (GE) Company Overview Financial Performance Product Benchmarking Haier Electronics Company Overview Financial Performance Product Benchmarking Strategic Initiatives
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7.10 7.10.1 7.10.2 7.10.3 7.11 7.11.1 7.11.2 7.11.3 7.11.4 7.12 7.12.1 7.12.2 7.12.3
Havells Company Overview Financial Performance Product Benchmarking Hubbell Incorporated Company Overview Financial Performance Product Benchmarking Strategic Initiatives Kenmore Company Overview Financial Performance Product Benchmarking
For more information kindly http://www.radiantinsights.com/research/electric-water-heaters-market 7.13 7.13.1 7.13.2 7.13.3 7.14 7.14.1 7.14.2 7.14.3 7.14.4 7.15 7.15.1 7.15.2 7.15.3 7.15.4 7.16 7.16.1 7.16.2 7.16.3 7.16.4 7.17 7.17.1 7.17.2
Marey Heater Corporation Company Overview Financial Performance Product Benchmarking Racold Company Overview Financial Performance Product Benchmarking Strategic Initiatives Reliance Holmes Heating Inc. Company Overview Financial Performance Product Benchmarking Strategic Initiatives Rheem Manufacturing Company Company Overview Financial Performance Product Benchmarking Strategic Initiatives State Water Heaters Company Overview Financial Performance
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